Penn, North River Lose Judgment Bids In Landfill Coverage Row

Law360, Chicago (November 20, 2012, 6:13 PM EST) -- A New Jersey federal judge refused both sides' summary judgment bids Tuesday in Penn National Insurance Co. Inc.'s suit demanding that North River Insurance Co. Inc. reimburse some of the $2.7 million in indemnity Penn has paid in environmental suits against dissolved landfill hauler Gus Bittner Inc.

U.S. District Judge Dennis M. Cavanaugh found that material questions of fact still exist as to whether the policies Penn issued to Bittner actually exceeded any aggregate limits of liability to trigger coverage by North River, and as to...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.